States to stay home. Anyone flouting the restrictions in new york faces fines. Good afternoon and welcome to this bbc news special. The uk is adjusting to a changed way of life, as radical new measures aimed at reducing the spread of coronavirus come into force from today, as has already happened in much of europe. Coronavirus come into force today. As has happened in much of europe. Inafew as has happened in much of europe. In a few minutes we will take you to downing street for the latest briefing from the government. Yesterday, the Prime Minister announced all public venues including pubs, restaurants, gyms, theatres and cinemas must close with theatres and cinemas must close with the decision to be reviewed on a monthly basis. It came as the chancellor announced an unprecedented package of measures to protect businesses and workers, including a commitment to pay up to 80 of peoples wagers to a maximum of £2500 a month for those whose jobs are at risk due to the pandemic. In europe
Americans filed a recordbreaking nearly 3. 3 million unemployment claims. Lets put that in perspective. That is, by far, the highest number weve ever seen. Nearly five times the previous record set back in 1982 when it was just under 700,000. But this morning, the fed chairman Jerome Powell gave a very rare interview on the today show and said he expects the economy to recover quickly. At a certain point, we will get the spread of the virus under control, and at that time, confidence will return, businesses will open again, people will come back to work. So you may well see, you know, significant rises in unemployment, significant declines in economic activity, but there can also be a good rebound on the other side of that. And thats actually one of the main things were trying to do by assuring the flow of credit in the economy and keeping rates low is to assure that rebound when it does come is as impactful. The vote was unanimous, how about that bipartisanship. 960. Next it goes to t
Grocery Retail: The sale will happen via a block trade at a price of A$5.22 per share, Australia s largest supermarket operator said, adding that it would now own about 4.1% of Endeavour, which it spun out as a separate company in 2021.
For the European grocery sector, 2023 was again all about inflation. Consumers tightened their purse strings, which led to a drop in volume and significant downtrading. Industry growth (8.6%) was significantly below food price inflation (12.8%).